1. Presenter: Nicola Delic , Forex Analyst, InstaForex

2. The Topics Of My Presentation Are:
Elliott Wave History
Impulsive Waves
Fibonacci and Elliott
Trading With Wave Power

3. Ralph Nelson Elliott (1871-1948)
U.S. Treasury Accountant
1930 – Elliott began study of stock market data
Stock market prices trend and reverse in recognizable patterns.
Almost 100 Years Proven Result

7. What Kind Of Market You Like
Clean Chart Mass Chart

8. Impulsive Waves (Motive Waves)
Impulsive waves have a Five-wave structure that impels the market
Impulsive waves are labeled with numbers from 1 to 5
Waves are motive ( )
Waves 2-4 are corrective (A-B-C)

9. 3 Wave Rules
Wave 2 cannot retrace to the beginning of Wave 1

10. 3 Wave Rules
Wave 4 cannot touch the territory of wave 1

11. 3 Wave Rules
Wave 3 is often the longest, but it is never the shortest

14. Extended Waves

16. Leading Diagonals Wave 1-3-5 are impulsive waves
Wave 2-4 are corrective waves
Leading Diagonal Found in wave 1
Wave 4 Enter In Territory of wave 1

18. Ending Diagonals Ending Waves have 5 corrective waves (A-B-C)
Ending Diagonal Indicate Trend Change
Ending Diagonal Founded in wave 5
Wave 4 Enter In Territory of the wave 1

20. Wave 2 Targets First Wave to trade
Wave 2 retraces 50 or 61.8% of wave 1
Enter a trade only when you can count 5 sub-waves in the wave 1
Stop Loss should be put few pips above wave 1

21. Wave 3 Targets Take Profit 1 is at 100% of the 1 wave
Most Powerful Wave
It Often retraces 161.8% of wave 1
Enter a trade when 3 wave pushes start of the sub-wave B of the wave 2
Stop Loss is at the end of the 2 wave
Take Profit 1 is at 100% of the 1 wave
Take Profit is 2 at 161.8% retraces of the 1 wave
Take Profit 3 is at 261.8% retraces of the 1 wave
(TP3 only for extended 3 wave)

22. Wave 4 Targets Wave 4 retraces 23.6 or 38.2% of wave 2
Wave 4 retraces 100% of wave 2
Enter a trade in the subway C
Stop Loss is at the end of the wave 3

23. Wave 5 Targets Wave 5 Retraces 100% of wave 1
Try to check all possible targets
Enter a trade only when you can count 3 corrective waves in wave 4
Stop Loss is at the beginning of wave 1

31. Site: WWW.INSTAFOREX.COM Email: nicola.delic@analytics.instaforex.com
THE END
Company Info
INSTAFOREX GROUP
Site:
Skype: ifx.support
Presenter Info
Nicola Delic
Skype:ND.IFX